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2023-03-31-accounts

Page
Trustees'
Report
Independent examiners report
Statement
of
Financial Activities
Balance sheet
Statement
of
Cashflows 10
Notes to the financial statements 11-19

Artists/ Dngne leews/
'
Aclhlty Audience. Peitul panls i creadve
cogiboraters
Partners-
i '
pownloads/
elogposts
Pubgcadons
We Are Not Finished film 16feming days 13 16 14
This Grief Thing 2days training; 1poster 1,700 20 6poster designs
campaign printed and
distrlbutwl
Gestures protect 26workshops 100
The Sky Is Filled With Thunder 7workshops;
3audio and live
87 cs 1schoob 1 210
performances; 2youtube youth
hub; 1
presentatens housing
assooation
8TenderSolitudes 3screenings 937
Children's
Day
18workshops
Hong Kong R&D 11workshops/conversations 180
Institute ofEverything 9artistsi 1x 1xschool; 1 1digits I =
Artychoke xresearch Artychoke
magazine school maga rine
Presentations
conferences
730 20
Soual media followers 9,488
Blog posts 10
Website engagement 18,720
TOTAL 143 3/174 449 SD 19 28~9

Unrestricted Restricted
Notes
Funds Funds Totalfunds Total funds
2023 2022
E E
INCOME
Donations and legacies 293,052 293,052 429,430
Charitable activities 40,907 40,907 39,305
Investments 1,055 1,055 809
Other 20,695 20,695 4,810
TOTAL INCOME 355,709 355,709 474,354
EXPENDITURE ON:
Fundra ising
Charitable activities 405,590 405,590 534,609
Other 1,763 1,763 1,363
TOTAL EXPENDITURE 407,353 407,353 535,972
NET INCOME/(EXPENDITURE) (51,644) (51,644) (61,618)
Transfers between funds
NET MOVEMENT
IN FUNDS
(51,644) (51,644) (61,618)
RECONCILIATION
OF FUNDS
Total funds brought forward 243,019 243,019 304,637
Total funds carded forward 191,375 191,375 243,019

Notes 2023 2022
Fixed Assets
Tangible fixed assets 823 4,607
Current Assets
Debtors 8 33,718 39,401
Cash at bank and in hand 159,570 214,402
193,288 253,804
Creditors
Amounts
falling due within one year
(9,735) l15,392)
Net current assets 183,552 238,412
Total net assets 191,375 ~243 019
The Funds ofthe Charity 10
Unrestricted
Funds
191,375 243,019
Restricted
Funds
191,375 243,019

F F OR THE YEAR EN DED 3 1 M ARC H 2023
3 Income I/nmstricted Restricted 2023Total 1022total
6 6 6 6
3.1 Income from donations and legacies
Donations 351 351 561
Grant income
Arts Council England - National Portfolio Funding 204,861 204,861 204,861
Arts Council England —Cultural Recovery Fund 2 98,521
Arts Council England - Cultural Recovery Fund 3 97,901
Arts Council England - Emergency Resource Fund 3 22,586
Royal CentralSchool of Speech and Drama 87,840 87,840 5,000
3.3 Income from charitable activities
Performance fees and commissions 40,700 40,700 36,518
Books, DVDs and screenings 207 207 499
Boxoffice 2,288
3.3 Income from investments
Bank interest received 1,055 1,055 809
3.4 Other income
Other 627 627 4,810
Theatre Tax Relief 20,068 20,068
355,709 355,709 474,354
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Staff costs forthe year were as follows: 2023 2022
f
Salaries and wages 124,179 130,049
Social security costs 6,883 9,743
Staff pension costs 2,404 2,316
133,466 142,108
2023f 2022f
Direct projects 2.8 2.8
Fundraising 0.2 0.2
Administration 1 1

7. Tangible Fixed Assets
Computer Equipment Technical Equipment Total
6
Cost
At 1April 2022 3,590 3,625 7,215
Additions 6,164 1,312 7,476
Disposals
At 31March 2023 9,754 4,937 14,691
Depreciation
At 1April 2022 1,702 906 2,608
Charge for the year 3,252 1,008 4,260
Disposals
At 31March 2023 4,954 1,914 6,868
Net book value
At 31March 2023 4,800 3,023 7,823
At31Ma rch 2022 1,888 2,719 4,607
8. Debtors
Debtors
2023 2022
f
Trade debtors 7,174
Accrued income 20,068 31,629
Prepayments 4,967 4,208
Other debtors 1,509 3,565
33,718 39,401

2023f 2022
Trade creditors 4,348 9,921
Accrua Is 1,800 2,000
Social security and other tax 3,203 3,086
Other creditors 384 385
9,735 15,392

Reconciliation
offunds
Asat1April Asat31
2022 Incame Expenditure Tnrnsfers Mardr 2023
Restricted funds
IJnrestrirted funds
Core 143,019 355,709 (392,353) 106,375
143,019 355,709 (392,353) 106,375
oesignated funds
Core operating 85,000 85,000
Strategic - artistic 15,000 (15,000)
100,000 (15,000) 85,000
Tote(funds 243,019 355,709 (407,353) 191,375

17. Reconciliati on of net mo vement
in funds to net
cash flow from operating activi ties
2023 2022
6 6
Net movements
in
funds (51,644) (61,618)
Deduct: interest shown in investing activities (1,055) (809)
Add back: depreciation charge 4,259 1,626
Decrease/(increase) in debtors 5,684 (25,293)
(Decrease)/increase in creditors (5,656) 10,109
(48,412) (75,985)